Australian shares are headed for a weaker start on Tuesday as subdued commodity prices may drag resource-related stocks, while investors await US retail sales data due later in the day to gauge the impact of inflation on consumer spending.
The local share price index futures fell 0.5%, 37.1 points lower compared with the S&P/ASX 200 index close.
The benchmark gained 0.4% on Monday.
New Zealand's benchmark S&P/NZX 50 index inched down 0.02% to 12,961.94 points in early trade.
Comments
Comments are closed.